NZDUSD - Range breakout, watch this shark instead
Did a short trade few hours back on a range play and got stopped out.
Looking at how easily the breakout occured without significant vol, the market is telling me that sellers have all been taken out and it is an easy path for kiwi to head higher.
Next area of interest to look at is the 0.75 level where the bearish shark completes.
Till then, watch the NZD bulls at work.
Looking at how easily the breakout occured without significant vol, the market is telling me that sellers have all been taken out and it is an easy path for kiwi to head higher.
Next area of interest to look at is the 0.75 level where the bearish shark completes.
Till then, watch the NZD bulls at work.
